3 bedroom Apartment block for sale in Luzira Kampala Uganda, code: 217211
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Apartment block
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APARTMENT BLOCK SEATED ON 60 DECIMALS UP FOR SALE IN LUZIRA This spacious and well-maintained apartment block is a great investment opportunity for anyone looking to expand their property portfolio. With 26 units, each consisting of 3 bedrooms and 2 bathrooms, this property has the potential to generate a monthly income of 33.3 million Ugandan Shillings. The location in Luzira, a popular residential area in Kampala District, makes it a desirable choice for tenants. The apartments are situated on a large plot of 60 decimals, providing ample space for parking and a well-manicured lawn. The building is well-maintained and features a tiled roof, adding to its aesthetic appeal. The units are equipped with built-in wardrobes and ceramic tiles for a modern and functional living space. The compound is paved and features a wall fence for added security. Other amenities include a septic tank, soak pit, and a water tank for convenience. With a rent per unit of 1.3 million Ugandan Shillings, this property has the potential to generate a high return on investment. Don't miss out on the opportunity to own this profitable and well-situated apartment block in Luzira.
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SCAN QR CODE
217211
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WHAT DOES THE LAW SAY ABOUT SECURITY DEPOSIT FRΓM THE TENANT. Renting a property involves various legal aspects to protect both landlords or property managers and tenants. One crucial element is the security deposit, a sum of money paid by the tenant to secure the performance of their obligations during the tenancy. In this blog post, we'll delve into the legalities surrounding tenant security deposits, focusing on the key provisions outlined in The Landlord and Tenant Act 2022.1. Limitations on the Amount of Security Deposit.According to the law, a landlord is permitted to request a security deposit, but with specific limitations. Notably, a landlord cannot demand more than one security deposit, and the amount should not exceed the equivalent of one month's rent or one-twelfth of the annual rent, whichever is less. These restrictions are in place to ensure that tenants are not burdened with excessive upfront costs.2. Terms and Conditions for Withholding the Security Deposit.It is imperative for landlords to communicate the terms and conditions g
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EMPOWERING WOMEN REALTORS THROUGH THE REAL ESTATE DΓTABASE (RED).
The real estate industry has historically been male-dominated, but there has been a shift in recent years with more women entering the industry. However, despite this progress, women realtors still face a variety of challenges, including limited access to technology and resources needed to grow their businesses. To address this issue, the Real Estate Database (RED) has taken the initiative to empower women realtors and bridge the digital gap in the industry.
All women realtors in Uganda will receive a 50% discount on property listing subscriptions for the RED. The goal is to empower women realtors to take advantage of the internet and related technologies to market properties and grow their businesses.
One of the benefits is providing women with answers to questions regarding online marketing. Many women realtors may not have access to the knowledge or resources necessary to market their properties online. With this initiative, they can learn tips and tricks for using social media
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I DONβT WANT A MORTGAGE, I WANT DIRECT INSTALMENT PAYMENTS. As the operator of the largest database of properties in Uganda, I often receive direct messages from individuals seeking advice on how best to make installment payments for their dream house or land that they have identified on the Real Estate Database (RED).
Considering their needs and specifications, I frequently guide such buyers to RED agents who can negotiate favorable installment terms with developers and landlords. Alternatively, I suggest exploring mortgage options by connecting them with an agent who can provide detailed information on the best available mortgage choices in the market.However, many of these individuals have installment requirements that do not align with the existing options offered by developers or banks. Additionally, a significant number lack a consistent income, the required credit score, or the necessary down payment to qualify for a mortgage. Some may have even attempted and failed the mortgage assessment interview at their banks. When such ind
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ENTER YOUR DETAILS BELOW AND DAMALIE WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 217211
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